PayPal Rewards Credit Card: Cashback Simplicity – Black Cash

PayPal Rewards Credit Card: Cashback Simplicity




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The PayPal Rewards Credit Card, issued by Synchrony Bank, is a no-frills option for those who want straightforward cashback rewards without annual fees or complicated categories. Let’s dive into the details to see if this card is the right fit for you.

Features and Services:

  • Unlimited Cashback: Earn 3% cash back on all purchases made directly with PayPal and 2% cash back everywhere Mastercard is accepted.
  • No Annual Fee: This card offers these rewards without an annual fee, making it a budget-friendly option.
  • Simplicity: There are no rotating categories to keep track of. Just use your card and earn rewards on every transaction.
  • Manage Rewards: Easily track your rewards and redeem them for cash back directly into your PayPal account.
  • Global Acceptance: Use your card for purchases around the world wherever Mastercard is accepted.

Reward Policy:

  • Earning Cash Back: As mentioned, you earn 3% cash back on PayPal purchases and 2% cash back everywhere Mastercard is accepted.
  • Redemption: Redeem your rewards for cash back directly deposited into your PayPal account.


The PayPal Rewards Credit Card receives generally positive reviews for its straightforward rewards program and lack of annual fees. However, some users might find the cashback rates lower compared to other cards with rotating categories or travel rewards.

Safety Measures:

  • Chip Technology: The card utilizes a chip for added security during in-person transactions.
  • Mastercard SecureCode: Benefit from Mastercard SecureCode, an additional layer of authentication for online purchases.
  • Zero Liability: Enjoy Mastercard’s Zero Liability protection, which holds you not liable for unauthorized charges.

Mobile and Internet Banking:

  • Manage Your Account Easily: Monitor your balance, track rewards, and make payments conveniently through the PayPal mobile app or website.

Application Criteria:

To apply for the PayPal Rewards Credit Card, you’ll need to meet Synchrony Bank’s creditworthiness criteria. Generally, this includes having a good credit history. While there’s no official link to apply directly, you can find more information and pre-qualify for the card on the PayPal website.

Here are some Frequently Asked Questions (FAQs):

  • Is there a minimum spending requirement to earn rewards? No, there is no minimum spending requirement to earn cash back.
  • How long does it take to receive my cash back rewards? Cash back rewards are typically deposited into your PayPal account within 1-2 business days of redemption.
  • Can I use my cash back rewards to pay for purchases? Yes, you can use your cash back rewards to pay for eligible purchases when you check out with PayPal.

Overall, the PayPal Rewards Credit Card is a solid option for those who value simplicity and want to earn consistent cash back rewards without annual fees. If you’re a frequent PayPal user, the additional 1% cashback on PayPal purchases makes it even more appealing.

TAGS: PayPal Rewards Credit Card, Cash Back Credit Card, No Annual Fee Credit Card, Mastercard Credit Card, Online Shopping Rewards

Please note: This information is for educational purposes only and does not constitute financial advice. Always do your own research before applying for any credit card.